With only a few weeks left in the year, Morgan Stanley Real Estate Investing set a record for the biggest industrial deal of 2025 in Greater Los Angeles. The Morgan Stanley subsidiary bought a 143,060-square-foot industrial facility at 5705 West 98th Street near Los Angeles International Airport for $211 million, or about $1,500 per square foot, CoStar reported. Torrance-based Overton Moore Properties was the seller, offloading the property five years after purchasing the property for $115 million and building a distribution center at the site. The industrial property opened this year as a custom-built facility for Amazon. The Jeff Bezos-led […]
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